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  1. 18-05-2020, 03:35 PM #11
    Beagle
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    https://www.nzherald.co.nz/business/...ectid=12332705 This guy reckons its going to get really ugly and he has a good track record of predicting such things. I still think there's at the very least a 50% chance we're headed for a depression. In my opinion the best case is an ugly and deep recession and a bounce-back of sorts sometime in late 2021.

    Market appears to be currently pricing in a vaccine by the end of 2020 which will be widely available in early 2021...but what if that doesn't happen ?
    Last edited by Beagle; 18-05-2020 at 03:38 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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